Shares of United States Steel Corporation (NYSE: X) rebounded impressively by 5.4% in the extended trading hours on Thursday after declining 4.9% in the normal session. The share price was $19.58 at the end of normal hours. The projections for the second quarter of 2022 had lifted the market sentiment for the integrated steel maker’s stock. However, the stock has now given up most of its gains and is only up 0.3% today. Inside the Headlines United States Steel anticipates adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) in Q2 to be $1.6 billion. Also, it expects adjusted earnings of $3.83-3.88 per share in the quarter.
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US Steel (NYSE:X)
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